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During November at ABC Company, OMR83,000 of raw materials were requisitioned from the storeroom and used in production. These raw materials included both direct and
During November at ABC Company, OMR83,000 of raw materials were requisitioned from the storeroom and used in production. These raw materials included both direct and indirect materials. The indirect materials totaled OMR4,000. The journal entry to record the material requisition from the storeroom would include a: Select one: a. None of the answers given b. Debit to raw materials of OMR73,000 c. Debit to manufacturing overhead of OMR5,000 d. Debit to work in process of OMR73,000 e. Credit to work in process of OMR68,000 f. Credit to manufacturing overhead of OMR5,000 The manufacturing cost of XYZ Company during October includes prime costs of OMR85,000. The manufacturing overhead is 20% of the month's total manufacturing costs. If beginning work in process was OMR25,000 and ending work in process is OMR21,000, the cost of goods manufactured is: Select one: a. OMR108,250 b. None of the answers given c. OMR110,250 d. OMR102,250 e. OMR106,000 Company XYZ produces computer laptops. During July 2019, the company produced 1,000 laptops. The company incurred OMR4,000 direct materials, OMR12,000 direct labor, OMR21,000 variable manufacturing overhead, OMR2,000 fixed manufacturing overhead and OMR9,000 total selling and administrative expenses. Calculate the manufacturing cost per unit for the month of July. Select one: a. OMR39 b. OMR48 c. OMR16 d. OMR37 e. OMR23
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